Former Escondido Ice Plex Trades in Partial Sale-Leaseback

CBRE arranged the sale of Escondido Ice Plex, a 6.32-acre property at 555 North Tulip in Escondido. Hazard Construction acquired the property. CBRE’s Roger Carlson and Blake Wilson represented the seller, Onward Energy, in the transaction. Kidder Mathews’ Mickey Morera represented Hazard Construction, which will use the property as its North County headquarters to service jobs in the region.

The location features the 77,787-square-foot building of the former Escondido Ice Plex, a sale-leaseback of an existing power plant facility and excess yard space. The Ice Plex closed in 2020.

“The sale included a partial sale-leaseback agreement, and its strategic location and flexible zoning provided an excellent opportunity for the buyer to expand its existing construction operation,” said Carlson.

Located at the intersection of I-15 and Highway 78, the property offers convenient accessibility. The property features M-2 zoning and excess land, offering potential for future expansion and dock loading.

Photo credit: Dan Kirksey.

Inside The Story

CBRE's Carlson

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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